NSP secures long-term financing and begins new growth phase

The restaurant company NSP Restaurants AB (Publ) secures new financing from Avenue Europe that will enable NSP to refinance existing debt and open several new KFC and Burger King restaurants in Sweden and Denmark. The financing includes 340 MSEK in loans and a further 90 MSEK for investments in fixed assets in both new and existing restaurants. NSP today announced it has secured new debt financing from the Europe Strategy of global investment firm Avenue Capital Group (“Avenue Europe”). The SEK 340 million loan from Avenue Europe is to be used to refinance approximately SEK 280 million